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and -- >> the constitution of the united states of america. >> undermining the rule of law. >> this is the law. this is the law of the land that was passed in a democratic process. >> what the president has done is not in this law. the president does not have -- >> what is this? >> the article 2, section 3 of the constitution says the president will faithfully implement the law, not change the deadlines for the law or pick and choose which parts of the law he executes. and that is what this president -- >> that's a big discussion. >> that is a big discussion for another -- a separate discussion for another night. >> very bad for business. thank you so much, as well, a real pleasure. >> my pleasure. >> a new study says about half the people who right now pay for their own health insurance will qualify for federal tax credits under obama care. the rest of the people will likely have to pay more than they are already. remember what mitt romney said? >> 47% of the people who vote for the president no matter what, there are 47% who are with him, who are dependent upon him, who believes they're vict
anniversary of the "i have a dream" speech, we look at the economic achievements for blacks in america. all those stories an more coming up on "the kudlow report" beginning right now. good evening, everyone. this is "the kudlow report." in a rapidly developing story, u.s. officials telling nbc news tonight that the syria crisis is, quote, past the point of no return. and that air strikes are expected soon to punish the syrian regime. nbc's richard engel joins us from the turkey/syria border with the latest details. good evening, richard. >> reporter: larry, the longer this goes on, the more difficult it is for the united states to carry out any action, let alone a decisive action. the u.n. inspectors were back at their work, visiting sites where the worst of these alleged chemical attacks took place. they took hair, urine, blood samples. they want to continue their work. the man dade for these u.n. inspectors to be on the ground is supposed to expire on sunday s. but now the syrian government is asking them to stay longer. it's unclear if the u.n. inspectors are going to stay beyond that, b
around the world i want to make clear once again that america is not interested in spying on ordinary people. our intelligence is focused above all on finding the information that's necessary to protect our people and in many cases protect our allies. it's true, we have a significant capability. what's also true is we show a restraint that many governments around the world don't even think to do. refuse to show. >> reporter: president obama said he had already on his own accord thought about asking for changes in the nsa, looking into the process, but he admit, larry, that edward snowden accelerates the process. >> yeah, that's the key points. he thought about it. i'm sure. i think about a lot of important things, steve handelsman, and so do you. it was only in recent months where president obama was defending all these surveillance programs lock, stock and barrel. seriously. against criticism from his own party and from even many in the republican party. what changed his mind? friday afternoon, august, humid weather all of a sudden he comes out with this. what's your take? >> reporte
this week everybody is off. that's the way it is in america. executives, pr executives are also gone. >> i totally disagree. >> reporter: i expect you would. i'm throwing this out there. >> they didn't have a phone? >> the pr executive is not on vacation on mars. he has a cell phone. let's be clear. we shouldn't be surprised about this because based on the nasdaq's response to the flash crash, the nasdaq's response to facebook, this is par for the course. >> reporter: i agree. but what i'm saying is what we've learned, again, in second oddly worded statement is effectively this, it wasn't the nasdaq. it was a third-party participant with some weird connectivity issue, apparently. so i'm only pushing back a little bit not because i'm standing here. nobody is here. nobody will throw me out. it would take two twice to do it anyway. it's a third-party maybe they didn't know. >> tom, founder of staples talked to me tonight on a differentict but we went through this a little bit. he used to be a board member. a very big supporter of greifeld. he said he didn't know. and the reason there's no sta
lack of doing anything other than lob a couple of cruz missiles down range. they'll worry about america's commitment to the middle east will say this is the best they can do? so i'm a bit confused, like all of us are, about what the administration is trying to do. >> yeah. syria, if this is the best punch they can throw, i'm sure syria can take it. just my thought. i expressed this last night. i'm no military expert, lord knows. if we're going to bomb, why don't we take out the government palaces, the government office buildings, military barracks, various military hears. why don't we make it plain that we're going in to take out the chemical weapons. apparently we have weapons that can do that. maybe the army in syria will get so darn angry that they'll take assad, put him in jail or even worse, assassinate him. do you see what i'm saying in why aren't we hitting everything along the way instead of making light of this? why don't we hit tremendous shocks and punches rather than weany jabs? >> that was the point i was making in my column today. we should be striking the symbols, the phy
commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> are interest rates rising in response to the possibility of a tight money larry summers-led fed? the u.s. 10-year yield climbed another six basis points today after climbing six basis points on friday. that's when cnbc's john harwood broke news that a white house source calls summers' chances for fed chair as 2 in 3. so is summers really obama's first pick? austan goolsbee. all right. let's talk turkey. you know these guys very, very well. i am not going to let you worm out of this. question, would larry summers be more tightfisted than janet yellen as fed chair? by the way, my distinguished co-host governor scott walker is still here. go ahead, austan. is summers the tight-fisted guy the bond market is worried about? >> we never talked abou
-making colleges in america don't pay any taxes? that's right. they're tax-exempt. even while tuitions are skyrocketing. but the call to change all that is getting louder and louder. all those stories and much more coming up in "the kudlow report," beginning right now. >>> first up tonight, a strong selloff overseas as markets around the world took the brunt of fed taper fears. but less than 24 hours until the latest fed minutes are released, will investors hear more guidance from the fed? good evening, robert. >> hi, larry. the markets moved sideways today as interest rates were lower and emerging markets were not quite as volatile. one point about all this panic on emerging markets, it's true the smaller markets like indonesia and thailand are getting hit as money has been coming out of them, but china bottomed out two months ago, and it bottomed, larry, at a four-year low. international traders looking for some value have seen that china's economic news has been better recently and some have been looking there for a trade. here in the united states, home depot had a terrific earning
call minds in america is set to join us tonight. we're going to ask larry sabato about what's wrong with the deck kratz today. hillary clinton's presidential chnss and get a look at the big new online course and all about the legacy of john f. kennedy. all of those stories and more coming up on "the kudlow report" coming up right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." the federal reserve minutes. did they tell us anything? steve liesman joins us in jackson hole. >> good evening, larry, from jackson hole where the fed is gathering. they're gathering without ben bernanke and mario draghi. the fed is releasing its minutes from the july meeting in which it showed no clear intention as to the tapering in september. the committee is split with a few members saying the fed should be patient before tapering. there was not enough economic data and a few members saying the fed should stick to the plan announced in june. quote, it might soon be time to taper. almost all of the participants were pretty comfortable with the june guidance which said that t
when you get a great number from china, great number from europe and america, the back drop is so compelling. i'm jim cramer and i will see you tomorrow! >>> record highs again for the dow. no taper from the fed. hold everything. tom's jobs report comes out. we will see if that changes anything. on capitol hill meanwhile, the obama care battle is raging. question -- should obama care opponents focus on defunding the plan or make work harder at getting the individual mandate repealed? senator ted cruz joins us exclusively to tell us about his strategy. >> and then russia spits in president obama's eye and gives asylum to nsa leaker edward snowden. next month's summit in russia still go on? can the white house let this happen without any response? all those stories and much more coming up on the "kudlow report" beginning right now. >> good evening, everyone. i'm larry kudlow. this is the "kudlow report." first up tonight, very strong start for stocks this month. the dow and s&p closing at record highs. by the way, it's the first time the s&p has closed above 1,700 points. with yeste
.s. secretary of state john kerry stating it is america's conclusion that syria used chemical weapons. >> and despite the excuses and equalify indications that some have manufactured, it is undeniable. president obama believes there must be accountable for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. >> the pentagon tells nbc news, larry, that tonight five u.s. warships with cruise missile firing capability, four destroyers, one submarine are stationed in the mediterranean sea. the u.n. inspectors did get in the sites, but they get in so late, experts say, they may not be able to get the kind of residue tests needed to verify the use of chemical weapons, so the obama administration's move past that. it says it's happened. now comes the reaction. larry, back to you. >> many thanks, steve handlesman. we appreciate it. >>> it's virtually certain that u.s. military force will be used. the question -- what will the attack look like? second question, will it over
to america's global prowess and strategic influence. if we lose that influence the likelihood that the dollar will lose reserve status increases and gold is an insurance policy against that eventuality. >> got it. >> i would agree with both of those excellent points. i would add maybe some financial haven demand because i think people are starting to wonder about the recovery in earnings and the economy so there is just that traditional financial safe haven movement into gold. >> what do you tell people? you're an equity advisor. do you tell them a little bit of gold, some gold? everybody ought to have some? >> we have always been in the little bit of gold camp. i think having a 1% to 5% bullion allocation can add diversification to a portfolio. by the same token, gold is extremely volatile as we have all seen. we don't think it's something that really warrants a massive allocation like you would fixed income or equities but i think it can play a role and we do like it tactically given the carnage we have seen year to date. >> i have been very vocal late june, i was a screaming bull on gold.
with very low tax rates and if we want activity here in america we're going to have to give a good deal for the money to come back and money to stay here. >> jim -- >> the reason we don't do it is because it's a political agenda. they are more concerned about appearing to be friendly towards corporations and big business and money than they are about whether this would impact the economy. this is all about appearances. everything they've done is all about politics. none of it is about the private sector. they don't even understand what the private-sector is and so i don't think it will happen any time soon. >> let me move back to the first question before i lose you. you got people out there, they are home from work, they know all about syria in the sense of being a big issue. but nobody know, i don't know, nobody know, i don't know if president obama knows when the bombing is going to start. where the bombing is going to go. what the bombings intentions are. the strategy may be very unclear. okay. tell investors what the heck they should do. it may start this weekend. so we have to wai
to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. ...and a great deal. . grrrr ahhh let's leave the deals to oh my gosh this is so cool... awesome! perfect! save up to 30% plus an extra 12% off with coupon... now until labor day. only at >> so remember all those warnings we heard about the budget cutting sequester? all of the jobs that would cut, but what's really happening out there is that obama care is forcing cities and states and counties to either slash government jobs or cut back on hours worked. "the washington post" blog entry details how hours have been cut sharply to avoid obama care costs from cities and counties from wisconsin to texas to virginia to right here in new jersey. so could it be that obama care is the real job killer? we continue now
. >> is it likely? >> i don't know the answer to that unfortunately because law enforcement management in america at the federal level is a disaster. >> do you agree with that, mitch? that's a pretty big statement. >> those are strong words for somebody who used to be a u.s. attorney. he outranks me. i'm not going to try to take that one out. >> you must be right. possible certainly isn't a lot of support for the federal prosecutions that we have in this country. >> i have great respect for the agents and the u.s. attorneys around the country who do a very difficult job. i was a u.s. attorney, i was an independent counsel. i've had a lot of experience. but i'm going to tell you something, federal government has gotten too big, federal law enforcement agencies have gotten too big. they are manageable. nobody know what is they're doing. look at the latest story about how the dea is providing information to the nsa interc t intercepts and are being told to lie to federal judges about it. you cannot have law enforcement functioning where they are told it's okay to lie to a federal judge about how a
. that is what the -- what america is all about. >> so here's the problem. when you get into that's what america is all about, i think you're drifting very far afield from what's at issue here. the issue is if you increase the minimum wage, will you actually hurt or help the beneficiaries? >> to a small business owner. >> hold on, carol, let me finish. can i finish? >> sure, jared. >> so we have had extensive research that compares neighboring states where one state raised the minimum wage and the other didn't. it's a great experimental kind of controlled design rare in economics. time and again we have found that in fact the bchb fits of the increase disproportionately help. >> carol, here's where i my nigh friend jared wanders astray. he doesn't look at it from the business side. you have these big changes like mcdonald's, most of them are franchises. most of those franchising are like small businesses. >> this is a good point. >> with very thin profit margins. that's the problem i have. you'll bankrupt the franchisee, and you have obama care coming, which will make everything more expensive.
. >> nobody in america is getting those benefits. >> you're exactly right. you don't get the benefits and you don't get the subsidies. the government, i.e., you, the taxpayer, mark simone, have to subsidize this fabulous plan for members of congress and their staffs. >> that was the quickest action i've ever seen from the federal government when they thought they would have it --? they were panicked. >> tell us the reason that everybody else gets away with it. >> i have to get out of here. our panel was great tonight and nan hayworth and mark simone and everybody campaign for nan hayworth because she won't say a bad word. thanks, everybody. i'm kudlow. i'll be back monday. i sometimes do say bad words. have a great weekend, everybody. u to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. all your important legal matters in just minutes. protect your family... and launch your dreams. at we put the law on your side. [ sirens wailing ] >> a war is raging in mexico's border towns as rival drug cartels bat
newspaper is no longer appropriate for america's households. if your two guests were correct, then "usa today" would be making a billion dollars a year. they're not. the newspaper industry is the issue, not the content. there are many newspapers that chase the so-called middle that you think the "washington post" is turning up its nose at. but none of them are making money. the structure is no longer appropriate for today's -- >> who's making money? just for the heck of it, who -- which left-wing operation turning up its nose at ordinary people is making money? >> politico is. >> who? >> i think politico is left of center and they're probably making money, larry, because they -- >> huffington post. >> -- don't have any of those overhead costs. and i think the "washington examiner witt which is right of center is making money. but the post is dying not because it doesn't have the technological advantages mike's referring to. it's because their very talented reporters -- i'm going to say dan balz is the best in the business, dan wilbers, rajiv chandrasakaran best in the business. but when
.s. and latin america. it's based in three broad categories. first, it's defined as services that helps brands keep in touch with customers. an example would be hootsuite. it allows managers to monitor and manage multiple accounts all within a single dashboard. here at cnbc we use hootsuite as do pepsi and virgin and seagate. then there are the analytic products. an example would be simply measured which creates reports to polished digital strategies, companies like american express and microsoft use the service. another example is social guide. it let's advertisers measure, analyze, and engage with a twitter television audience in real-time. finally, you have data reseller products. this allows tweets to be sorted to spot themes and trends. there's topsy said to maintain the largest group of tweets in a world and datasift. larry? >> that's great stuff. thanks, josh. now, twitter, like every other company, does have its critics. as part of tonight's documentary, carl quintanilla asked about that. >> when you hear about the decline of western civilization. >> yeah. >> or the enemy contemplation
where it's very difficult to acknowledge, but if you look at the '50s and '60s, it's smokestack america and how many people they needed to employ to create one percentage point of gdp. you can now have companies like a google, like an apple, where they can do it with so many less employees. to me the big structural dynamic around the globe that i haven't seen change is the reality of creating good jobs and strong middle class and i think without those, that it is only a move towards normalcy and not that that's bad, and i'll take it a step further, joe, do you really believe the 190,000 jobs number is painting the kind of picture even ben bernanke now that he's tied his programs to interest rates, there's a new dose of honesty there that the number advertised isn't really representative of the product behind the number. >> it's not great. i agree with you. however, it is twice the pace that the fed had seen at the time they announced qe-3. and i think your point at the outset of the show is correct in the sense that there is never a good time for the fed ever to tighten or slow the pace
inside america's marijuana industry.
Search Results 0 to 19 of about 20